Carlos Hatcher

Today we’re announcing @Nominal_io's $240M Series C at a $3B valuation led by @lightspeedvp and co-lead by @insightpartners. We’re also introducing the Hardware Intelligence Platform. Over the last year, we’ve worked alongside our customers to answer one important question: What does it take for AI agents to earn their place in hardware engineering? We take that question and the implications seriously. Hardware operates in the physical world, where the stakes are high, the constraints are real, and getting things right really matters. Moreover, the delta between the AI frontier and what many of our customers have available to them on a day-to-day basis in the industrial sector could not be wider than it is today. To date, agents, models, and purpose-built infrastructure haven’t been built with their use-cases in mind. In a world where context and data is spread across machines, files, drawings, spec sheets, test ranges, manufacturing lines, and most importantly, the brains of the very human operators, engineers, and technicians that power the physical world. That changes now, with the first purpose built intelligence platform for hardware engineering. We're excited to show you what we've been building. First, to our customers: Thank you for trusting us. This round lets us go further, faster, for each of you. For some, that means expanding beyond testing into design, production, and service operations in the field. For others, it means bringing agents into your daily work to truly operationalize AI in your organizations for the first time. Wherever you are in that journey, we're ready to meet you where you’re at, and build shoulder-to-shoulder as you take on the constraints you face every day. Next, to our team: I'm very proud of what we've already accomplished, and now we have even more work to do. I’ve been inspired watching us move faster than ever, even while growing more quickly than at any point in our history. We started Nominal to redefine what’s possible in the physical world. That ambition hasn't changed, but the opportunity in front of us has grown enormously. The responsibility that comes with it isn't lost on us, and there's never been a better time to be a Nomineer. And finally, to our investors: Thank you for continuing to believe in what we're building and backing us as our ambitions have grown. We began four years ago with redefining data analysis for hardware testing. That grew into full-stack data and control infrastructure for test and operations, and it’s now the foundation for an intelligence platform for the entire hardware lifecycle, from first simulation to fleets in the field. The future of hardware will be built on Nominal. All Systems Nominal 🚀 Lux Capital, Sequoia, General Catalyst, Founders Fund, Avenir, Lockheed Martin Ventures, Salesforce Ventures, M13, D.E. Shaw Ventures, Deployment Capital, Avra, Red Glass Ventures, Carpenter Capital, Audacious, PSP, Overmatch Ventures, XYZ, Haystack, Brave Capital. Learn more about this fundraise: bloomberg.com/news/articles/…